Rent-To-Own Fintech Inks $183.5M Deal With AGs

By Brian Steele

The rent-to-own financing company Acima has reached a $183.5 million deal with 43 states to resolve claims that it misled consumers about the terms of its rental-purchase agreements and deceptively marked up prices, the Connecticut attorney general said Thursday.

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Merchants Sue OCC Over Push To Preempt Ill. Swipe-Fee Law

By Jon Hill

Merchant trade groups sued the government Thursday in D.C. federal court to overturn recent rules from the Office of the Comptroller of the Currency that seek to shield banks from Illinois state limits on swipe fees, arguing the "slapdash" preemption effort exceeded the agency's authority.

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Ill. Judge Sets Chicago DOJ Testimony Despite Bid For Clarity

By Lauraann Wood

The Illinois federal judge probing potential falsehoods and undue influence behind a push to prosecute six U.S. Immigration and Customs Enforcement protesters solidified an early December date to hear U.S. Attorney Andrew Boutros and others' testimony on the matter, after blasting the government's "immaterial" bid for more pre-proceeding clarity.

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Remembering Richard Posner: A Prolific Jurist

Judge Richard Posner died Tuesday at age 87, leaving a legacy as one of the most influential members of the judiciary who never served on the U.S. Supreme Court. Here, Law360 revisits its coverage over the years of the prolific retired Seventh Circuit judge, including interviews with him about his pragmatic approach to the law, his belief that the courts mistreat pro se litigants and his love of felines.

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Posner Remembered For Wide Influence, Pragmatic Approach

By Ryan Boysen

The iconoclastic, prolific and hugely influential U.S. Circuit Court Judge Richard A. Posner is being remembered for a lifetime of relentless advocacy for a more pragmatic approach to the law and a legacy that will ripple through American jurisprudence for decades to come.

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NYC, LA, Other Cities Seek To Halt Latest HUD Grant Terms

By Rachel Riley

New York, Los Angeles, Chicago and dozens of other cities across the country that have challenged the Trump administration's grant restrictions are asking a Washington federal judge to block a new round of funding conditions from the U.S. Department of Housing and Urban Development.

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Senate OKs Bill Letting CBP Share Counterfeit Shipment Data

By Adam Lidgett

The U.S. Senate has passed legislation that would give U.S. Customs and Border Protection the ability to provide detailed shipment information about suspected counterfeit imports to brands, online marketplaces and logistics companies.

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Family Dollar Settles FTC, States' Pricing Claims For $63M

By Jared Foretek

Family Dollar agreed Thursday to spend $63 million to settle a lawsuit from the Federal Trade Commission and 17 state attorneys general accusing it of charging customers above advertised prices on shelves and price tags.

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Toyota Says Inverter Defect Suit Fails In Light Of Recall

By Mike Curley

Toyota Motor Sales USA Inc. and its affiliates are urging an Illinois federal court to throw out a proposed class action alleging it sold hybrid vehicles with an inverter defect, saying the lead plaintiff hasn't alleged any damages because his vehicle was repaired, and he was given loaners, free of charge.

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Baker McKenzie Sued Again Over Data Breach Affecting 54K

By Lauraann Wood

Baker McKenzie has been hit with more proposed class privacy claims over a data breach it suffered over the summer, this time in Illinois by a service provider who says his private information was compromised in the hack.

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7th Circ. Wary Of Reviving Bid To Block DEI Grant Cuts

By Celeste Bott

Seventh Circuit judges appeared skeptical Thursday of an Illinois nonprofit's bid to block the Trump administration's cuts to its education grants, questioning whether the organization had ruled out future spending on diversity, equity and inclusion initiatives and whether the funding cuts amounted to viewpoint discrimination under the First Amendment.

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Ex-Cravath Staffer Charged With Insider Trading

By Stewart Bishop

A former employee at Cravath Swaine & Moore LLP on Thursday was arrested and charged with insider trading for allegedly exploiting nonpublic information about major deals involving the firm's clients, including Paramount Skydance Corp.'s $110 billion acquisition of Warner Bros. Discovery Inc.

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Foley Revamps Associate Pay, Advancement Structure

By James Boyle

Foley & Lardner LLP is the latest law firm to alter the way it handles associate compensation and advancement to keep in line with Milbank LLP's update of its own associate pay scale in July.

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Weil's 1,000 Staff Face 'Absorption' Issue In Hunt For Roles

By Daniel Moritz-Rabson

As the approximately 1,000 professional staff members at Weil Gotshal & Manges LLP look for new roles, they're likely to encounter a more difficult job market than the firm's attorneys, recruiters told Law360 Pulse.

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DOJ Exodus Leaves Trump Facing Confirmation Crunch

By Courtney Bublé

Since the Democrats' sweeping victories on Election Day, there has been an exodus of top officials at the U.S. Department of Justice and prospects for confirming permanent replacement are slim.

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Feature

The Go-To Firms For Insurance Litigation In 2026

By Hope Patti

A Florida-based law firm filed the most insurance coverage actions in the first half of 2026, primarily representing policyholders in property damage disputes, while BigLaw firm Gordon Rees Scully Mansukhani was the most frequent choice among insurer defendants.

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Senate Confirms First Judge Of Lame-Duck Period

By Courtney Bublé

The U.S. Senate confirmed Alabama Supreme Court Justice Gregory Cook to the Northern District of Alabama on Thursday, marking the first judicial confirmation of the lame-duck period.

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Proskauer Won't Rep Perplexity In Reddit Data-Scraping Suit

By Matthew Perlman

Perplexity AI Inc. has abandoned its effort to have Proskauer Rose LLP defend against a data-scraping lawsuit from Reddit Inc. after Reddit raised concerns about the law firm's past representation of the social media company.

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Arbitration Assoc. Wants Consumers' Monopoly Suit Tossed

By Rae Ann Varona

The American Arbitration Association urged an Arizona federal court Thursday to toss a proposed class action that accuses the organization of monopolizing the consumer arbitration services market, saying the plaintiff consumers are trying to hold it liable for contracts it never entered into.

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